Bcwm LLC Buys 2,349 Shares of Microsoft Corporation $MSFT

Bcwm LLC raised its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 11.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 22,288 shares of the software giant’s stock after purchasing an additional 2,349 shares during the period. Microsoft accounts for about 3.5% of Bcwm LLC’s holdings, making the stock its 7th biggest position. Bcwm LLC’s holdings in Microsoft were worth $11,086,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Beddow Capital Management Inc. boosted its position in Microsoft by 3.2% during the second quarter. Beddow Capital Management Inc. now owns 800 shares of the software giant’s stock valued at $398,000 after purchasing an additional 25 shares during the last quarter. BLKBRD Asset Management LP purchased a new stake in shares of Microsoft during the 2nd quarter worth about $2,117,000. Bridgeway Capital Management LLC lifted its holdings in shares of Microsoft by 1.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 87,448 shares of the software giant’s stock valued at $43,497,000 after buying an additional 971 shares during the last quarter. Bwcp LP bought a new stake in shares of Microsoft in the 2nd quarter valued at approximately $24,993,000. Finally, Byrne Financial Freedom LLC increased its holdings in Microsoft by 1.2% in the second quarter. Byrne Financial Freedom LLC now owns 18,964 shares of the software giant’s stock worth $9,433,000 after buying an additional 216 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MSFT. Jefferies Financial Group reiterated a “buy” rating and issued a $675.00 target price on shares of Microsoft in a research note on Wednesday, December 3rd. Arete Research upped their price objective on shares of Microsoft from $710.00 to $730.00 in a report on Monday, October 27th. Wells Fargo & Company increased their target price on shares of Microsoft from $675.00 to $700.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Microsoft in a research report on Wednesday, October 8th. Finally, Rothschild Redb lowered Microsoft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $632.34.

Insider Buying and Selling

In related news, CEO Judson Althoff sold 12,750 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total value of $6,266,880.00. Following the sale, the chief executive officer owned 129,349 shares of the company’s stock, valued at $63,577,620.48. The trade was a 8.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bradford L. Smith sold 38,500 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $518.64, for a total value of $19,967,640.00. Following the completion of the sale, the insider owned 461,597 shares in the company, valued at $239,402,668.08. This trade represents a 7.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 54,100 shares of company stock worth $27,598,872 in the last 90 days. 0.03% of the stock is owned by company insiders.

Microsoft Stock Down 1.0%

MSFT opened at $478.53 on Friday. The company has a market capitalization of $3.56 trillion, a P/E ratio of 34.03, a P/E/G ratio of 1.81 and a beta of 1.07. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.39. The firm’s fifty day moving average price is $504.05 and its two-hundred day moving average price is $502.05. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. The company had revenue of $77.67 billion during the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The firm’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period last year, the firm earned $3.30 EPS. On average, analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, February 19th. Microsoft’s dividend payout ratio is currently 25.89%.

Microsoft Company Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.